Maryland Transportation Builders And Materials Association Inc is located in Glen Burnie, MD. The organization was established in 1933. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2022, Maryland Transportation Builders And Materials Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Transportation Builders And Materials Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Maryland Transportation Builders And Materials Association Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF MTBMA IS TO BE THE VOICE OF TRANSPORTATION, CONSTRUCTION, AND MATERIALS INDUSTRIES IN MARYLAND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAININGS, EDUCATION, AND SUPPORT FOR MEMBERSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Higgins Chairman | OfficerTrustee | 1 | $0 |
Ed Barnhouser Vice Chairma | OfficerTrustee | 1 | $0 |
Bruce Bergeron 2nd Vice Cha | OfficerTrustee | 1 | $0 |
Cedric Barthemey Secretary | OfficerTrustee | 1 | $0 |
Greg Andricos Immediate Pa | Trustee | 1 | $0 |
Michael Day Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $8,172 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,172 |
Total Program Service Revenue | $1,443,023 |
Investment income | $70,350 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $28,659 |
Net Gain/Loss on Asset Sales | $26,094 |
Net Income from Fundraising Events | $6,622 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,584,830 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $288,775 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $217,355 |
Pension plan accruals and contributions | $8,415 |
Other employee benefits | $68,167 |
Payroll taxes | $30,785 |
Fees for services: Management | $0 |
Fees for services: Legal | $7,380 |
Fees for services: Accounting | $8,940 |
Fees for services: Lobbying | $60,723 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $13,627 |
Fees for services: Other | $2,045 |
Advertising and promotion | $0 |
Office expenses | $55,656 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $589,541 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,826 |
Insurance | $9,834 |
All other expenses | $81,903 |
Total functional expenses | $1,647,851 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $265,909 |
Savings and temporary cash investments | $136,221 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $80,314 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $95,596 |
Net Land, buildings, and equipment | $131,586 |
Investments—publicly traded securities | $1,636,803 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $319 |
Total assets | $2,346,748 |
Accounts payable and accrued expenses | $43,680 |
Grants payable | $0 |
Deferred revenue | $221,446 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $6,208 |
Total liabilities | $271,334 |
Net assets without donor restrictions | $2,057,887 |
Net assets with donor restrictions | $17,527 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,346,748 |